$BTC is grinding around the $76.2K previous weekly low ahead of CPI.
Honestly, this range feels pretty dead right now, and I wouldn’t be surprised if it stays this way until after the CPI release.
OI also shows that the last dump attracted a lot of shorts, while this small pump looks largely driven by aggressive short covering.
For longs, I’m watching two scenarios today, both likely playing out after CPI.
First, if we sweep the $76.2K PWL, that could trigger more selling and flush out buyers. If that happens, I’ll be watching for a long trigger after the sweep.
The second scenario is the one I prefer: CPI sends BTC into a sharp flash wick below $75.5K.
That could wipe out the buyers trapped in this range and bring aggressive sellers into the market. From there, a strong reclaim could give a much better setup for higher-timeframe longs.
The $80K and $81K short POIs are still valid, but I don’t expect price to reach them today.
💫✨️ ETHUSDT is trading around 2,476 USDT, continuing to form lower highs beneath the resistance trendline. The price also remains below the EMA34-EMA89 cluster (approx. 2,483-2,484), indicating that the rebound lacks the strength to reverse the short-term structure.
The 2,485-2,510 range is a critical area to watch. If ETH rallies to this zone but faces rejection at the trendline and EMA cluster, I lean towards a scenario where the price drops back to 2,440, subsequently extending toward the 2,390 USDT target.
Macro factors today also slightly support a corrective scenario. Brent crude remains above $100/barrel, and US Treasury yields stay elevated due to inflation concerns as investors await US CPI data; a high-yield environment is typically unfavorable for risk assets like crypto.
#ADAUSDT is pulling back inside a large contracting wedge after another rejection from its upper boundary. The rising lower trendline has already produced several strong reactions, making the next test important. If buyers defend it again, the structure keeps a rebound toward the upper wedge boundary in play.
ADA funding is -0.0058% - shorts are leaning into the pullback.
Short-liquidation exposure is $13.5M vs $7.0M long - a rebound could squeeze shorts.
Strategy held off on buying more bitcoin last week, keeping its holdings steady at 845,050 BTC .
Instead, the company spent $176.3 million repurchasing 1.81 million shares of STRC stock.
The board also doubled the size of its approved digital credit securities buyback program, raising the limit from $1 billion to $2 billion. For now, the message is clear:
Strategy is taking a brief pause on bitcoin accumulation while putting more firepower behind its broader capital strategy.
ETH is currently sitting at a very important zone. This was previously a supply zone, but after breaking above it, the area has now turned into demand.
So far, price is holding this zone well. A clean break above $2,570 could add more fuel to the move and trigger a quick upside rally.
Keep watching ETH closely, if it moves, alts could follow in the same direction.
✨️Short-term Bitcoin whales are sitting on the most paper profit in years.
This CryptoQuant chart tracks unrealized P&L for short-term holder whales — big wallets that bought in the last ~155 days and have not sold yet.
• Blue bars = they are in profit
• Red bars = they are underwater
• White line = Bitcoin’s price
Through 2026 those whales spent long stretches in deep red (billions in paper losses) while $BTC chopped from six figures down toward $60k. The latest bounce flipped them hard into the green. The print cited: about $9.07 billion in unrealized profit — the highest since 2016 on this series.
That is paper profit. Nothing is sold until they click sell.
Why analysts flag it: short-term whales have often been quick to take gains when price stalls. A $9B cushion can support a trend — or become supply if BTC rejects $81k and they lock in.
Watch whether that blue spike fades (they sell) or holds (they ride). PPI and Friday CPI can force that choice.
Record paper profit is a warning light, not a sell button by itself. NFA
Xrp usdt is weakening below the $1.42-$1.44 local resistance after failing to hold the latest rebound. Price is now near $1.40, while the broader wedge structure still points lower. If sellers keep control, the next move could extend toward $1.35 first and then the major $1.30-$1.32 support area shown on the chart.
XRP is down about 1.1% today - buyers are struggling to hold recent gains.
XRP derivatives saw nearly $15M in long liquidations - leveraged buyers are being forced out.
ETF creation flows have recently cooled - reducing one source of consistent spot demand.
✨️💫 Bitcoin & Ethereum Face a Big Macro Test Next Week
While BTC is trading near $79,600 and ETH around $2,455, both are slipping as traders prepare for two major central-bank events.
US CPI arrives September 11, with inflation expected to stay at 3.4% as markets remain split 50/50 on whether the Fed hikes rates by 25 bps on September 16.
At the same time, markets are pricing in a 100% chance of a 25 bps ECB hike on September 10, adding another layer of pressure on risk assets.
That puts Bitcoin and eth between two macro catalysts: hotter inflation or more hawkish central banks could push prices lower, while softer data could quickly change the rate outlook.
✨️ Solana and XRP ETFs entered September with both products nearing $1.5 billion in assets.
For the first time, non-Bitcoin and non-Ethereum funds have reached this kind of scale, with both products running almost neck and neck.
If adoption and inflows continue, Solana and Ripple could be positioned for significant growth in the next market cycle. SOL and XRP could have serious upside.
🚨 Can ETH/USDT Break $2,523 Resistance and Push Toward $2,560? 👀Important
ETH LONG
Enter Between: $2,485 – $2,500 Take Your Money At: $2,560
Guys.
ETH is holding around $2,507, with RSI near 66–67 showing strong momentum. The key resistance is $2,523, while support sits around $2,457.
Buddiesssssss.....For a safer entry, wait for ETH to pull back into the $2,485–$2,500 zone and show buyers stepping in. If ETH gets a strong 1H close above $2,523 with rising volume, bullish momentum can strengthen toward $2,560.
Pro Tip: If ETH rejects $2,523, don’t chase the price. Wait for a pullback toward $2,485–$2,500 and only consider the long if buyers defend that zone.
🇵🇱 Poland’s Parliament Fails to Overturn Crypto Bill Veto. #Gate60MillionUsers Poland’s parliament has failed to overturn President Karol Nawrocki’s veto of a cryptocurrency regulation bill, leaving the country’s crypto industry facing continued uncertainty.
The vote fell short of the three-fifths majority required to override the president. The legislation would have placed Poland’s crypto market under the supervision of the Polish Financial Supervision Authority (KNF) and helped align the country’s rules with the EU’s Markets in Crypto-Assets (MiCA) framework.
Nawrocki has argued that the proposed rules are too restrictive and could push crypto businesses out of Poland, while Prime Minister Donald Tusk’s government says stronger oversight is needed to protect investors and combat illicit activity.
With the veto now standing, Poland’s regulatory framework for crypto remains unresolved, adding another layer of uncertainty for companies operating in the country.